Umm, I think you misunderstood his point. I guess he was trying to make the point that a 110k salary will barely (if at all) cover the sorts of expenses he described.
Which is actually true, unless you go through contortions like interpreting "foreign vacation" to mean shacking with friends in a different country. Btw, AFAIK, new condos do cost more than older ones.
Which is actually true, unless you go through contortions like interpreting "foreign vacation" to mean shacking with friends in a different country.
Meh, international vacations aren't necessarily all that expensive. $1000 for an airfare, another $1000 for a week's accommodation... that's six grand a year. Heck, let's make it ten grand, just so you don't have to skimp. And a lease on a new 5-series is, what, $600 a month? This is all perfectly affordable on a $110K salary.
I'd never advise anyone to lease a car rather than buying one with cash, but actually I reckon three international holidays a year is a great way to spend money. You only live once, and while you're probably doomed to spend your entire life within a six-mile deep approximately-spherical shell, it's full of interesting stuff so you might as well go and see as much as you can.
Which is actually true, unless you go through contortions like interpreting "foreign vacation" to mean shacking with friends in a different country. Btw, AFAIK, new condos do cost more than older ones.